Issues for licensees with an insolvent licensor
Disposal of IP and other property
Disclaimer of onerous property and contracts
Issues for licensors with an insolvent licensee
Powers of the insolvency practitioner

As the impact of COVID-19 is felt throughout the economy, even those companies able to weather the storm are likely to feel the effects of corporate insolvency as collaborators, customers and suppliers find themselves in financial difficulty. This article focuses on the impact of insolvency on IP licences from the perspective of both licensors and licensees. It also contains our top tips for mitigating the risks.